Form 4: PureCycle Technologies CEO Dustin Olson Reports Stock Transaction
SEC Form 4 Filing
Dustin Olson, CEO of PureCycle Technologies, reports the disposition of 11,149 shares of common stock to cover tax obligations.
Summary
- On August 5, 2024, Dustin Olson, the CEO of PureCycle Technologies, disposed of 11,149 shares of common stock.
- The transaction was executed at a price of $6.89 per share.
- This disposition was related to covering tax obligations.
- Following the transaction, Olson directly owns 1,042,729 shares of PureCycle Technologies.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment, as it's a factual report of an insider transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a transaction by the CEO, which is a common occurrence for tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of stock transaction |
| 08/06/2024 | Date of signature |
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